Oil Stems Bear Market Collapse as OPEC+ Move Closer to Cuts
The sun sets beyond an oil pumping unit, also known as a “nodding donkey” or pumping jack. (Photographer: Andrey Rudakov/Bloomberg)

Oil Stems Bear Market Collapse as OPEC+ Move Closer to Cuts

(Bloomberg) -- Oil stemmed its slump into a bear market after OPEC and its allies started laying the groundwork to cut supply in 2019, reversing an almost year-long expansion.
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